Kawasaki’s first-half sales drop by nearly 7 percent, company reports
November 11, 2008
Filed under Features
Kawasaki Heavy Industries (KHI), the parent company of Kawasaki Motors Corp. U.S.A, reported decreased sales and net income for its first half.
KHI had $6.3 billion in sales, a near 7 percent drop from the previous-year period for its first half, which ended Sept. 30. Net income fell nearly 38 percent to $125 million.
KHI’s consumer products and machinery division, which includes powersports, had $1.8 billion in sales, a near 16 percent drop to the year-ago period.
KHI’s North American sales, for all of its divisions, totaled $1.2 billion, a nearly 9 percent drop from a year ago.